An online form for submitting requests for details about overlap relief will be available from HMRC from 11 September. The aim is to provide a straightforward way to submit...
The number of registered company insolvencies in July 2023 was 1,727, 6% lower than in the same month in the previous year (1,831 in July 2022), according to recent figures. This...
R&D
HMRC has published directions under SI 2003/282, regulations 3 and 10 in relation to claims for research and development (R&D). They apply to a claim notification under CTA...
HMRC is holding talking points webinars for tax advisers:Agent services account: access groups: 22 September – 9.45 to 10.45Basis reform: 27 September – 11.45am to...
Three in five businesses (61%) are involved in a tax dispute with HMRC which has lasted more than one year.The figures, which come from a BDO survey of more than 500 mid-sized...
Tax deductions made on payments by landlords to tenants for construction works on properties should be outside the scope of VAT, says the Chartered Institute of Taxation in its...
The president of the Upper Tribunal (Tax and Chancery Chamber) has issued updated practice guidance on the conduct of proceedings in the Upper Tribunal, replacing the previous...
The lack of clarity over tax rules for environmental land management schemes is harming the UK’s ambition to reach net zero by 2050, according to the Association of Taxation...
Social Security contributionsThe Social Security (Contributions) (Amendment No 6) Regulations SI 2023/823, which exclude compensation payments made under the public service...
Concerns remain around the proposed introduction of digital record keeping and reporting requirements for many income taxpayers, according to a Chartered Institute of Taxation and...
Venture capital is a risky but crucial form of investment for innovative companies with high growth potential. The venture capital tax reliefs are globally competitive and a key...
HMRC is increasing interest rates for late payments for most taxes, after the Bank of England’s decision to increase the base rate to 5.25%.From 14 August 2023, the rate for...